Answer:
I would be willing to pay $ 32.83 for each share of Johnson Enterprises
Explanation:
The price per share= next year dividend/required rate of return-growth rate
next year dividend is $3.25
required rate of return is 15%
dividend growth rate in perpetuity is 5.1%
share price=$3.25/(15%-5.1%)
share price =$3.25/9.9%
share price=$3.25/0.099
share price=$ 32.83
The share can be sold today for $ 32.83 ,which is the present value of dividends payable in perpetuity(forever)
Answer:
A Market economy system is essentially a system of economic democracy, the most secure foundation of citizens' freedom. According to Mises, as soon as the economic freedom of the free market system is removed, political liberties and the legal system become fake and fade away, and democracy perishes.
Answer:
Shareholder
Explanation:
A person or business that’s is a partial owner of a company
57,000/$12=4,750 hope this helps :)